Lmax.com Review

LMAX might boast of disruptor technology and other stuff. But all Fx Brokers have hidden agendas that can’t be identified on the surface.

Just want to alert Scalpers. Something dodgy is going on in the background on live 1 minute charts. If you compare live 1 minute candles with cTrader or MT4 their candles are constantly manipulated. I have noticed the candles suddenly change from long green candles into tails after the last candle bar was closed 1 minute ago. Also, the live candles are half hidden on the chart on the hard right edge. I first thought it was my iPad fault. It happens on my android phone app too. It’s kind of a bait to TRICK you into taking a trade and then the PREVIOUS CLOSED 1 MINUTE CANDLE suddenly changes INTO A DOJI when the next current candle is live. You have to be really glued to your charts to catch this while comparing cTrader and MT4 - 1 minute charts.

Trade with LMAX at your own charting risk.

No use of account manager!
He didnt even know basic things that the company update in meanwhile.
When u have money in your account they will kiss your ass, when u have less money they will not answer you.

My view on LMAX...​

Good Points...
I cannot say enough good things about LMAX when it comes to trustworthiness. They have been nothing but dependable and quick.
Their MT4 set up is very decent, never had an issue...already been trading with them for years.
Their spreads are tight on EURUSD, AUDUSD
They haven't adjusted their margin requirements in panic every time uncertainty looms (most brokers have gone nuts that last year with this)....last time I can recall was Bexit....for the rest, they've stayed put for years.

Bad Points...

Their leverage is very meager in comparison to most retail friendly brokers...just 1:100...
You STILL have to go via a person via chat to transfer money from your MT4 to your web account....come on LMAX, it's 2017!!!
Their SWAP charges are the highest of ANY broker!!

So, would I recommend them....? It depends on the trading you do with them, day traders, short term traders should be OK, but if you have long term strategies, find another broker.

I am really pleased with their services - very fast order execution , customer support and the web platform. You don't have an account manager to disturb you with sales calls like other brokers do, it is strictly business, trading business. When it comes to withdrawing money, you register your debit card and you have the money in your account in couple of hours.

Hi Everyone. I have been with Lmax for many years . Theservice and platform are quite good. The Swaps rates are shocking ........ Please compare this with other brokers on myfxbook when trading with them as I have over $6000 in difference over a 5 month period of holding the same positions with other brokers..